Advantages To Owning

Are you ready to put down roots? Take a look at the advantages of owning a home to help decide.

There’s no place quite like home. With a growing number of people considering ownership, take a look at the advantages of owning a home and we can help you decide if you’re ready to put down roots.

Beat the market

While renting provides the flexibility and low-maintenance living that tends to attract younger Americans, buying can often be less expensive than renting. While home values and trends continue to fluctuate, the right time to buy a home is when you’re ready to buy a home.

More savings to go around.

We build our homes smarter. That means water-saving features, UV-blocking windows, and a climate-sealed home* among others that mitigate the costs of a mortgage. Living in a Meritage home means you can live comfortably, both in terms of lifestyle and finances.*

Water-saving features*

UV-blocking windows*

Climate-sealed home*

Get to know HERS.

The Home Energy Rating System, featured in a number of Meritage model homes, measures a home’s energy efficiency on a scale of 150 to 0—the lower the score the better.*

100

Typical new home score

80

Considered an ENERGY STAR® rating

61

Average HERS score of a Meritage home

You won't be alone.

After the financing begins, we'll help you through each stage of the build process that includes pre-construction meetings, orientations, design center visits, and laying down the foundation.

Expert Tips

Evaluate your total cost of living.

Things can add up. Make sure you’re well aware and equipped to calculate not just your potential mortgage, but other expenses including utilities, HOA fees, and more. Also, keep the PITI rule in mind:

Make lists of your needs.

Like making lists to stay organized? Here’s where lists can really shine. Make a list of must-haves, wants and wishes to ensure you keep a clear focus on what’s needed and what can be sacrificed when looking for a home.

Get emotionally prepared.

Owning a home is an investment. Financials aside, pride of ownership comes with long-term responsibility, time and maintenance that may need some extra preparation.

Possible Advantages to Owning:

Tax breaks

Stability

Builds equity

Roomier, more comfortable living

Commitment

Freedom for home improvements

28%

Once they move out, 28 percent of millennials plan to rent out their home rather than sell it.

In 2015, millennials, the largest generation in U.S. history, purchased 35 percent of the homes sold in America.

35%

Sources: nar.realtor.com | redfin.com

The foregoing information is provided solely for general information purposes and is not intended in any way as financial, securities, insurance, tax, or legal advice or services. Each potential homebuyer may have unique financial and other considerations that may be important to any home buying, financing or related decision. Accordingly, Meritage does not assume any duty or liability in providing the foregoing information and expressly disclaims all representations and warranties of any kind, either express or implied, with respect to such information. Potential homebuyers that desire additional information or guidance tailored to their specific situation should contact a relevant professional.

Pictures and other images are representative and may depict or contain floor plans, square footages, elevations, options, upgrades, landscaping, furnishings, appliances, and designer/decorator features and amenities that are not included as part of the home and/or may not be available in all communities. All estimates and claims related to energy savings/performance are created exclusively by third party suppliers, rating services, utility companies, and/or certified auditors, based on DOE methodology and average energy use and scores. Actual energy savings/performance of any home or any of its features may vary widely, depending in part on location, occupant behavior and changes in energy provider rates and programs. Home, pricing, features, and community information is subject to change, and homes to prior sale, at any time without notice or obligation. Not an offer or solicitation to sell real property. Offers to sell real property may only be made and accepted at the sales center for individual Meritage Homes communities. Meritage Homes®, Meritage Active Adult, Monterey Homes, Life. Built. Better.®, Setting the standard for energy-efficient homes, and LiVE.NOW are trademarks of Meritage Homes Corporation.

Advantages To Owning

There’s no place quite like home. With a growing number of people considering ownership, take a look at the advantages of owning a home and we can help you decide if you’re ready to put down roots.

Beat the market